The situation for the pair under consideration continues to confirm the assumptions. The price went down. Probably, this is how the formation of the wave from the zigzag began. If this is true, then further downward movement will continue and the target in the area of 108.40 will be achieved.

Accordingly, it is recommended to hold previously opened sell trades, while the protective stop loss should be moved as close as possible to the current rate, new trades should not be opened yet.

Investment idea: flat.